Question: Reducing the time-to-market for a new product Select one: a. generally increases long-run product costs because of the need to develop new production processes b.

Reducing the time-to-market for a new product

Select one:

a. generally increases long-run product costs because of the need to develop new production processes

b. results in the ability of a firm to pursue a cost leadership competitive strategy

c. may result in design flaws, a need for engineering change orders, and customer "bad will."

d. is only possible if a company has formed strategic alliances with its suppliers

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